In this paper, we show how to achieve the same guarantees using $\operatorname{\tilde{O}}(m^{1+\epsilon})$ work, where $m$ is the number of edges of $G$ and $\epsilon > 0$ is an arbitrarily small constant. Moreover, one may reduce the work further to $\operatorname{\tilde{O}}(m + n^{1+\epsilon})$, at the expense of increasing the expected stretch $\alpha$ to $\operatorname{O}(\epsilon^{-1} \log n)$. Our main tool in deriving these parallel algorithms is an algebraic characterization of a generalization of the classic Moore-Bellman-Ford algorithm. We consider this framework, which subsumes a variety of previous "Moore-Bellman-Ford-flavored" algorithms, to be of independent interest.